Minnesota Gov. Tim Walz, who is Vice President Kamala Harris' running mate, has the worst record on fiscal responsibility of any governor in the U.S., according to a new report.
Democratic vice presidential nominee and Minnesota Gov. Tim Walz has the worst record on fiscal responsibility in the U.S. among state leaders, according to a new study. The Cato Institute's biennial Fiscal Policy Report Card on America's Governors for 2024 released Tuesday ranked Walz – who is the running mate of Vice President Kamala Harris – dead last due to the policies he has implemented during his tenure leading the North Star State.
The report, authored by the libertarian-leaning Cato Institute's Kilts Family Chair in Fiscal Studies Chris Edwards, states that Walz "has overseen substantial spending increases and pushed many tax hikes," pointing out that "Minnesota’s general fund budget increased from $51.9 billion in the 2022–2023 biennium to $70.5 billion in the 2024–2025 biennium, a 36 percent increase.
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